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Old 01-25-2012, 04:52 PM   #1
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Default Buffett's secretary is the 1%

Not bad cash for the populist hero of the loony left.

Warren Buffett's Secretary Likely Makes Between $200,000 And $500,000/Year - Forbes

I have nothing against Debbie Bosanke earning a half million or even more. Buffet is a major player in the world economy. His secretary deserves good compensation. At her income, however, she is scarcely the symbol of injustice that Obama wishes her to project.
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Old 01-25-2012, 04:59 PM   #2
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Default Re: Buffett's secretary is the 1%

She is being used as a political prop by Obama. Of course Buffett is a liar also he has structured his compensation package from Berkshire Hathaway so that his income is capital gains and not a paid salary.


If Buffett was interested in "paying his fair share" he would structure his compensation package so he was paid salary instead of paid from capital gains.

So what does Buffett get from being s shill for Obozo...... The Keystone pipeline is cancelled it was to be used not only for Canadian oil but also for oil being recovered from the Bakken formation, so how will that oil get to the refineries? Why on railways owned by none other that Mr Buffett.

Suckers.


Quote:
The IRS publishes detailed tax tables by income level. The latest results are for 2009. They show that taxpayers earning an adjusted gross income between $100,000 and $200,000 pay an average rate of twelve percent. This is below Buffet’s rate; so she must earn more than that. Taxpayers earning adjusted gross incomes of $200,000 to $500,000, pay an average tax rate of nineteen percent. Therefore Buffet must pay Debbie Bosanke a salary above two hundred thousand.
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
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Old 01-25-2012, 05:48 PM   #3
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Default Re: Buffett's secretary is the 1%

Darn, Wolfie, you seem confused again. There's no argument that she should pay a higher tax rate on her income over $250k, and so should Buffet. Perhaps you don't understand marginal rates. Buffet should pay that higher tax rate, too, and I would guess his income over $250k is much higher than that of his secretary. So, why in the world is he paying less?

That she gets a great salary has nothing to do with anything. What in the world is your point? Obama's point is that Warren Buffet should pay more taxes than a secretary, even a well paid one, and I think it's the righties who claim that $250k is not all that much in these times, especially if you have a family.

Quit waging class warfare.
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Old 01-25-2012, 05:49 PM   #4
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Default Re: Buffett's secretary is the 1%

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Originally Posted by Wolfpack View Post
Not bad cash for the populist hero of the loony left.

Warren Buffett's Secretary Likely Makes Between $200,000 And $500,000/Year - Forbes

I have nothing against Debbie Bosanke earning a half million or even more. Buffet is a major player in the world economy. His secretary deserves good compensation. At her income, however, she is scarcely the symbol of injustice that Obama wishes her to project.
You mean she likely is?

If she pays less as a % than he does, it doesn't matter that she makes $200k -- if she does (not sure why he's assuming no capital gains -- I'd expect that she has a good chunk of stock if she's been with him a long time)
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Old 01-25-2012, 05:51 PM   #5
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Default Re: Buffett's secretary is the 1%

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Originally Posted by patsfan13 View Post
She is being used as a political prop by Obama. Of course Buffett is a liar also he has structured his compensation package from Berkshire Hathaway so that his income is capital gains and not a paid salary. ....
Where's the lie, 13?


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Originally Posted by patsfan13 View Post
...If Buffett was interested in "paying his fair share" he would structure his compensation package so he was paid salary instead of paid from capital gains....
You're missing the point, not surprisingly.

Also not surprisingly, it's lost on you that most shareholders want their CEOs making more from stock holdings and less from salary -- as his comp is structured.
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Old 01-25-2012, 05:56 PM   #6
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Default Re: Buffett's secretary is the 1%

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Originally Posted by patsfan13 View Post
She is being used as a political prop by Obama. Of course Buffett is a liar also he has structured his compensation package from Berkshire Hathaway so that his income is capital gains and not a paid salary.

If Buffett was interested in "paying his fair share" he would structure his compensation package so he was paid salary instead of paid from capital gains.

So what does Buffett get from being s shill for Obozo...... The Keystone pipeline is cancelled it was to be used not only for Canadian oil but also for oil being recovered from the Bakken formation, so how will that oil get to the refineries? Why on railways owned by none other that Mr Buffett.

Suckers.
Are you waging class warfare? You sound jealous of Buffet. Buffet apparently plays by the rules. No one has said otherwise. The rules should be changed, but until they are there is no reason for him not to play by the same set of rules as everyone else.
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Old 01-25-2012, 06:00 PM   #7
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Default Re: Buffett's secretary is the 1%

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Originally Posted by Patters View Post
Are you waging class warfare? You sound jealous of Buffet. Buffet apparently plays by the rules. No one has said otherwise. The rules should be changed, but until they are there is no reason for him not to play by the same set of rules as everyone else.
the pubbies are confused about all of this -- it's why they're now attacking Romney for his success
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Old 01-25-2012, 08:31 PM   #8
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Default Re: Buffett's secretary is the 1%

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Originally Posted by Patters View Post
Are you waging class warfare? You sound jealous of Buffet. Buffet apparently plays by the rules. No one has said otherwise. The rules should be changed, but until they are there is no reason for him not to play by the same set of rules as everyone else.
I'm going to save this post and quote it word for word when someone (probably you) talks about Romney and his taxes.
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Old 01-25-2012, 09:56 PM   #9
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Default Re: Buffett's secretary is the 1%

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Originally Posted by Wolfpack View Post
I'm going to save this post and quote it word for word when someone (probably you) talks about Romney and his taxes.
Now Newt's really screwed...
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Old 01-25-2012, 10:29 PM   #10
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Default Re: Buffett's secretary is the 1%

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Originally Posted by chicowalker View Post
Where's the lie, 13?

The lie is that Buffet proclaims that he is for higher taxes for 'the rich' such as him but in his behavior he structures his compensation package to minimize his taxes so he pays far less that what he wants others to pay.

Perhaps Hypocrite would be better than lair, make you feel better?



Quote:
You're missing the point, not surprisingly.

Also not surprisingly, it's lost on you that most shareholders want their CEOs making more from stock holdings and less from salary -- as his comp is structured.




You wouldn't know the point if it you were stuck in the butt with the point in most discussions.
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
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